by usoftax_admin | Aug 8, 2024 | Tax News
The Internal Revenue Service in recent weeks sent 28,000 rejection letters to businesses to target high-risk employee retention tax credits that could prevent up to $5 billion in improper credit claims, Commissioner Daniel Werfel said Thursday. by usoftax_admin | Aug 8, 2024 | Tax News
Two Missouri bills signed into law last month were meant to clarify that streaming and satellite TV services were always exempt from video service provider fees, not change the law to newly exempt the services, Dish and DirecTV told a Missouri court. by usoftax_admin | Aug 8, 2024 | Tax News
An explanatory statement on an Oregon ballot measure to impose a new minimum corporate tax and provide payouts to state residents will not include an estimate of those rebate amounts, a state elections panel said. by usoftax_admin | Aug 8, 2024 | Tax News
A Utah sports medicine lab does not use its facilities exclusively for charitable purposes and therefore is not eligible for a property tax exemption, the state Supreme Court said Thursday, upholding a Utah Tax Commission decision. by usoftax_admin | Aug 8, 2024 | Tax News
The Fifth Circuit should uphold a U.S. Tax Court ruling that found a Texas man was required to pay income taxes on nearly $300,000 worth of wages he earned from Dell and a penalty for advancing frivolous arguments, the government said Thursday.